Market Expects Conformal Coatings to Foster the Growth of Interior Decoration in Residential & Commercial Properties
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According to the market research the report “Water Based Enamel Market: By End-Use Industries (Construction, Furniture, Automotive and Ancillaries, Others) & By Region (Europe, North America, Asia-Pacific, RoW)-Forecast (2016-2022)”, published by IndustryARC, estimates positive long term growth outlook till 2022.
Browse Full report at industryarc.com/Report/16407/water-based-enamel-market.html
Enamel paint is a semi-transparent glossy substance that is applied by verification to metallic or other hand surfaces as a protecting coating with superior collision repair and quality are also important. Enamel paint is characterized by their hard, washable and glossy finish and is available in several types including oil based paint or high gloss alkyd paint.
Water based enamel paint is used to reference a point with hard, glossy and opaque finish.
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Due to the increase in popularity of latex and water based paints, the term enamel paint has since evolved to refer to a hard surfaced paint with a high gloss finish. Water based enamel paint brands are very high in quality.
Scope & Regional Forecast of the Water Based Enamel Market
The high gloss exterior paint are used as a coating for external environments due to their enhanced wear resistance, glazing, corrosion protection and thermal protection with little change in dimensions. Oil and water based paints provide a reliable range of benefits which include toughness, low friction, and increase in the lifespan of the substrate.
Other places where enamel paint is commonly used include appliances, construction, painted furniture and automotive industry. Fast drying enamel paint is abundant for these areas; this type of paint hardly takes 10-15 minutes for drying.
Water based enamel market is growing on account of a need for protective coating for protection against the harm from external sources. The water based enamel can be customized as per the environment of the substrate to be coated or in accordance to end-user application, their demand is increasing substantially.
This is the major reason for having huge scope in the coming years. The competitors in a water based enamel industry are striving hard to produce improved performance of the product that can perform well in extreme weather conditions.
The changes could be striving to achieve products that require less number of coats, thus increasing makes water based enamel viable.
The challenging growth of the water based enamel industry is expecting every possible change from the paint industry that makes their product exist in the market for a longer period of time. Asia-Pacific is the lucrative market owing to a surge in construction activities and growth in furniture industries.
This automatically makes a way for the paint market to grab the opportunities. North America and Europe are the second and third largest markets for water based enamel paint.
Segmentations & Key Players Involved in the Water Based Enamel Market
The Water Based Enamel Market can be broken down into various segmentations on the basis of -
- End-Use Industries: Construction, Furniture, Automotive and Ancillaries and Others.
- Geography: Europe, Asia-Pacific, North America and Rest of the World.
Some of the key players involved in the Water Based Enamel Market are as follows:
- Nippon Paint
- PPG Industries Inc.
- The Dow Chemical Company
- Report: industryarc.com/pdfdownload.php?id=16407
Why access this report?
* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
* Identifies growth sectors and factors driving or constraining the market.
* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
* The study includes the demand of this particular market on a global and regional scale for a six year period of 2016 - 2022, to assess how the market will develop.
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